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488 Royal Bay Dr
Co Royal Bay Colwood V9C 4L2

$1,599,900
Residential beds: 4 baths: 4.0 2,831 sq. ft. built: 2004

Main Photo: 488 Royal Bay Dr, Colwood
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1015457
Bedrooms:
4
Bathrooms:
4
Year Built:
2004
Welcome home to this exquisitely renovated 4 Bed/4 Bath executive residence perched above Royal Bay. Perfectly positioned across from Promenade Park, within walking distance to the vibrant seaside community below. No detail has been overlooked in the extensive renovations including a new roof with 40-year warranty, fresh exterior paint, & fully landscaped private grounds, perfect for entertaining. Inside, a double-height foyer with south-facing windows floods the home with natural light. The main living area features vaulted ceilings and a dramatic floor-to-ceiling fireplace. The chef’s kitchen is a showpiece with custom cabinetry and quartz counters, seamlessly flowing to a private fenced patio and backyard retreat featuring a hot tub & a cozy firepit. Also on the main is a spacious dining room and an elegant primary suite with its spa-inspired ensuite. The lower level includes a versatile recreation lounge and wet bar, a double car garage, and a vacant, fully self-contained suite.
Property Type:
Residential
Type:
Single Family Residence
Year built:
2004 (Age: 21)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,831 sq. ft.
Listing General Location:
Co Royal Bay, Colwood
Bedrooms:
4
Bathrooms:
4.0 (Full:-/Half:-)
Lot Size:
8,495 sq. ft.
Kitchens:
2
Home Style:
West Coast
Taxes:
Building Features:
Basement, Transit Nearby
Construction:
Cement Fibre, Insulation: Ceiling, Insulation: Walls, Stone, Wood
New Construction:
No
Basement:
Partially Finished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Levels:
2
Ceiling Heights:
Floor finish:
Carpet, Laminate, Linoleum, Wood
Total Building Area:
3,424 sq. ft.
Total Unfinished Area:
593 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
1,102 sq. ft.
Living Area Main Floor:
1,729 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
4
Fireplace Details:
Gas, Living Room, Recreation Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump, Natural Gas
Fireplace:
Yes
Warranty:
No
Pending Date:
Dishwasher, Dryer, Hot Tub, Microwave, Oven/Range Gas, Range Hood, Refrigerator, Washer
Breakfast Nook, Cathedral Entry, Closet Organizer, Dining Room, Eating Area, Soaker Tub, Storage, Vaulted Ceiling(s)
Blinds, Screens, Vinyl Frames
Balcony/Patio, Fencing: Full, Garden, Lighting, Low Maintenance Yard, Sprinkler System
Off of Wishart Road
Split Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Colwood
Legal Description:
Accessibility:
Primary Bedroom on Main
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
1
Property Condition:
Resale, Updated/Remodeled
Exposure / Faces:
East
Layout:
Split Entry
Lot Site Features:
Central Location, Irregular Lot, No Through Road, Private, Quiet Area, Recreation Nearby, Rocky, Sidewalk, Sloped, Southern Exposure
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Attached, Driveway, Garage Double
Total Parking Spaces:
6
Common Parking Spaces:
0
Total Units:
Date Listed:
Oct 03, 2025
Original Price:
1599900.0
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    Landscape lighting
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    gas fire pit
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    Hot Tub
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    Primary
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    Primary
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    Ensuite
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    Ensuite
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    Ensuite
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    Primary Closets
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    Main
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    Upstairs
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    Suite patio
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    Promenade park
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Virtual Tour

Listed by Oakwyn Realty Ltd.
Data was last updated October 6, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
84
Avg list price:
$767,400
Min list price:
$449,900
Max list price:
$1,599,900
Avg days on market:
86
Min days on market:
3
Max days on market:
471
Avg price per sq.ft.:
$727.95
These statistics are generated based on the current listing's property type and located in Co Royal Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.